36 USC 80104: Property
Result 1 of 1
   
 
36 USC 80104: Property Text contains those laws in effect on November 21, 2024
From Title 36-PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONSSubtitle II-Patriotic and National OrganizationsPart B-OrganizationsCHAPTER 801-GENERAL FEDERATION OF WOMEN'S CLUBS
Jump To: Source Credit

§80104. Property

The corporation may-

(1) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation; and

(2) issue instruments of indebtedness in relation to its real property.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1360 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
80104 36:3502. Mar. 3, 1901, ch. 860, §2, 31 Stat. 1439 ; Apr. 6, 1922, ch. 121, 42 Stat. 490 ; June 7, 1934, ch. 425, 48 Stat. 925 ; Dec. 15, 1975, Pub. L. 94–151, §1, 89 Stat. 809 .

Clause (1) is substituted for "acquire, by devise, bequest, or otherwise, hold, purchase, and convey such real and personal estate as shall or may be required for the purpose of its incorporation with authority in said corporation, should it be by it deemed necessary so to do, to mortgage or otherwise encumber the real estate which it may hereafter own or acquire" for consistency in the revised title and to eliminate unnecessary words.

Clause (2) is substituted for "and may give therefor such evidences of indebtedness as such corporation may decide upon" to eliminate unnecessary words. The word "instruments" is substituted for "evidences" for consistency in the revised title.